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Search found 19 matches

by Parul
Mon Jan 12, 2015 4:42 am
Forum: PMP® Open Forum
Topic: report on project performance in executing phase ??
Replies: 5
Views: 887

Re: report on project performance in executing phase ??

Project Performance in the execution phase will help a project manager to ensure that the project is being executed as per the plan (against baselines of Cost, Scope and schedule) . Also note that monitoring and Controlling is a parallel and continuous activity hence it overlaps at execution stage a...
by Parul
Fri Dec 12, 2014 6:29 am
Forum: PMP® Open Forum
Topic: M&C Project Work
Replies: 6
Views: 898

Re: M&C Project Work

Hi Amit, As it says you have discovered that there can be potential changes, hence its best to Inform the client of the impact on the project of making such change. So as to enable him to think further whether or not to request for the change and if requested to be aware of the change in Cost and Sc...
by Parul
Mon Sep 29, 2014 6:16 am
Forum: PMP® Exam Lessons – Success Stories
Topic: cleared PMP exam today ...........
Replies: 10
Views: 1928

Re: cleared PMP exam today ...........

Congrats Achal Gupta, PMP :)

Do share your preparation and exam experience in the forum.
by Parul
Thu Sep 25, 2014 9:40 am
Forum: PMP® Queries and Tips
Topic: EAC Question
Replies: 2
Views: 674

Re: EAC Question

Hi Pankaj, We are assuming that given fig. of New baseline 4,00,000 amount is required to complete the remaining work. Hence 2,00,000 + 4,00,000 = 6,00,000 is correct Choice. However if its new Baseline (which means total projects budget) then EAC should have been 2,00,000. Since 2,00,000 is not eve...
by Parul
Thu Sep 25, 2014 5:32 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Passed PMP...time for some Lessons Learned
Replies: 4
Views: 1003

Re: Passed PMP...time for some Lessons Learned

Hello Pankaj, Do go through LL of others n try to do most of it, however always make your own plan as per your requirement. After going through Rita's, Scordo, Izen Mock exams thoroughly you might not feel the need to go further. Just have a clear target dates for your exam and make your plan accord...
by Parul
Thu Sep 25, 2014 5:22 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Cleared PMP Exam with 5 Proficient
Replies: 7
Views: 2486

Re: Cleared PMP Exam with 5 Proficient

Congratulation on your success, do keep visiting our forum and be an active member.
by Parul
Fri Sep 19, 2014 5:21 am
Forum: PMP® Queries and Tips
Topic: EVM Question
Replies: 4
Views: 2352

Re: EVM Question

Hi Umesh, First Alarm should be mention of word " however " Project Manage is reporting ETC...... 2ndly they havent mentioned anything about CPI so assumption would be not appropriate in this scenario, and to estimate $150 more to complete remaining work (of $102) ie. 100% more is also bit...
by Parul
Fri Sep 19, 2014 4:16 am
Forum: PMP® Queries and Tips
Topic: EEF Question
Replies: 5
Views: 1179

Re: EEF Question

Hi Umesh,

Project Management Information System is not required when we are trying to identify Stakeholders.

Once they are Identified while planing the communication process and reporting system we will consider Project Management Information System.

Hence C
by Parul
Fri Sep 19, 2014 3:54 am
Forum: PMP® Queries and Tips
Topic: Work performance information
Replies: 3
Views: 958

Re: Work performance information

Hi Umesh, As per the PMBOK Guide, the work performance information is “the performance data collected from various controlling processes, analyzed in context and integrated based on relationships across areas; e.g. status of deliverables, and forecasted estimates to complete. However work performanc...
by Parul
Thu Sep 18, 2014 7:44 am
Forum: PMP® Queries and Tips
Topic: Negotiation Question
Replies: 2
Views: 655

Re: Negotiation Question

Since it states been negotiating for several weeks first thing would be to put an End date to Negotiation so that a project has the correct and final cost and can plan accordingly. What tactic you use to negotiate can be as per the PM's choice and co policy. And for asking binding arbitration Negoti...
by Parul
Sun Sep 14, 2014 2:43 am
Forum: PMP® Open Forum
Topic: Project priority
Replies: 7
Views: 1081

Re: Project priority

Since it's a Matrix Organisation role of Functional manager is very low. 2ndly it says Project team which means we have appointed a team member for project which are been shared for diff projects.

Hope this helps
by Parul
Thu Sep 11, 2014 7:31 am
Forum: PMP® Open Forum
Topic: Project priority
Replies: 7
Views: 1081

Re: Project priority

Glad to share Ranjit :)
by Parul
Thu Sep 11, 2014 6:34 am
Forum: PMP® Open Forum
Topic: Quality Control
Replies: 4
Views: 871

Re: Quality Control

Sachin,

Once you identify and analyse the facts, next step is to document the same for future reference of your own project and for historical data purpose. . Hence option 1
by Parul
Thu Sep 11, 2014 6:28 am
Forum: PMP® Exam Lessons – Success Stories
Topic: Nikhil Agarwal is now Nikhil Agarwal, PMP
Replies: 7
Views: 1307

Re: Nikhil Agarwal is now Nikhil Agarwal, PMP

Congrats Nikhil Agarwal, PMP

Thanks for sharing your experience it will surely benefit other aspirants.

Do visit our blog / Forum and be active participant.
by Parul
Thu Sep 11, 2014 6:24 am
Forum: PMP® Open Forum
Topic: Project priority
Replies: 7
Views: 1081

Re: Project priority

Role of project manager is much narrower and deeper than the Program Manager. Project Manager is responsible for the project, project team and the outcome of the team he is working with. However Program Manager has the wider responsibility to oversee multiple project teams and is responsible for the...
by Parul
Wed Aug 27, 2014 5:19 am
Forum: PMP® Open Forum
Topic: Question on Crashing:
Replies: 4
Views: 763

Re: Question on Crashing:

Yes Answer is A

Explanation – This question is asking for definition of crashing. Crashing works by adding more resources for faster completion of a project. Crashing used to shorten the schedule duration for the least incremental cost by adding resources.
by Parul
Wed Aug 27, 2014 5:07 am
Forum: PMP® Open Forum
Topic: Question on Tools & Techniques of Risk Control :
Replies: 3
Views: 590

Re: Question on Tools & Techniques of Risk Control :

Answer – C Explanation – Sensitivity analysis is quantitative analysis technique helps in finding which risks can have most impact on the project and Tornado diagram is the most common way of representing sensitivity analysis. It is not used for Monitor and Control risks process. Option A – Risk aud...
by Parul
Fri Aug 22, 2014 5:58 am
Forum: PMP® Open Forum
Topic: Analytical Techniques
Replies: 2
Views: 927

Re: Analytical Techniques

Thanks for reply, yes correct Answer is – B Explanation – Reserve analysis deals with buffers or contingency reserves in the project schedule to account for schedule uncertainty. Contingency reserves are estimated during schedule baseline and associated with ‘Known-unknowns’. It is not related with ...
by Parul
Fri Aug 22, 2014 5:55 am
Forum: PMP® Open Forum
Topic: Question on Earned Value
Replies: 3
Views: 696

Re: Question on Earned Value

Thanks for the replies.

Yes Answer is B

Estimate at Completion , i.e. EAC = AC + bottom-up ETC,

EAC = $ 25,000 + $ 75,000 = $ 100,000.

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